New Years Chartfest, 2 January 2018

All picked up from Twitter or reading within the last week…

GLOBAL MARKETS & MACRO

Total Assets of Major Global Central Banks

2017 Best & Worst commodities

2017 Best & Worst Currencies

USD – GBP, EUR JPY

2017 Asset Returns

Global Bonds and Central Bank balances

Commodities v Equities

Global Bonds Outstanding

 

UST Yields over time – varying durations 

 

 

 

 

 

US 10Yr – 2 Yr Spread (longer term)

Fixed Income 2017

Central Banks and Gold

S&P by Year

S&P Bulls & Bears

Global Copper production

UNITED STATES

Nations scaled to size as recipients of US economic aid

 

 

US indebtedness by State

 

 

US life expectancy and OECD 1960-2015

US Asset prices to GDP

 

North America Marijuana Use

 

Net Negative/Positive wealth by Age – United States

 

US New Home Sales and Recessions

 

US House prices to income – Major cities

 

US rents to income – Major cities

 

Case-Shiller…back to the peak

Shares of pre-tax income – United States

 

US Farm Production

 

US Trade Balance – Major Partners

 

US Equity concentration

 

US Dollar Index

 

US Household Balance

 

US Margins

 

US Money Supply (M2)

 

 

 

AUSTRALIA

MSCI Metals/World to AUD/USD

 

Australia – APRA Loans by category

 

Australian House Price Expectations

 

 

Full Time and Part Time Australia

 

Welfare as Household Income – Australia

 

 

Australian wages and gender June 2017

 

Australian Fossil Fuel companies not paying tax 2015-16

(information in diagram sourced from here http://www.abc.net.au/news/2017-12-07/corporate-tax-data-released-by-ato/9236878)

 

Australia Coffee & Cooking Chocolate imports

 

 

 

CHINA/ASIA

China Credit and Property

 

Japan Health Care Outlays to GDP 

 

How China sees the South China Sea

 

 

 

EUROPE

UK Land & Building values

 

Russia Reserves 

 

 

Happiness with their nation – Europe

…AND FURTHERMORE…

Life compared to 50 years ago

 

Pensioner Poverty

 

Starbucks Latte – Global Index

 

Guinness – Global Index

 

The Ghost of John D. Rockefeller 

 

The Great Regression

 

Major Global Employers – 2017

 

Bitcoin and past bubbles

 

Offshore wealth as % of GDP (note 2007)

 

Effects of QE 

 

Digital Revenue Oligopoly

 

Commodity impacts of electric vehicles

 

Comments

  1. Percentage of pensioners in poverty is a bit scary for Australia. Thanks to crazy costs of living. Why do the Dutch get it right?

    • I could submit several reasons for that. However I’ll stick with the most obvious. They are a democracy. They also have very strong anti-cartel laws.

      • outraged? Ask for the source of the graphic / diagram. Then go back and forensically assess one year’s of tax returns against the potential of carried forward losses and depreciation (likely massive given the huge initial outlays). Also do yourself a favour and compare to the entire industry and then decide if the entire industry or just a few players (carried forward losses + depreciation etc etc) are taking the pissssus. If you find it’s the entire industry and the players are not paying tax on legit assessible income after carried forward losses and depreciation have been accounted for then you have every right to be outraged. If that is not the case then the outrage is wasted because the no tax paying status of this one year is explained by another variable.

      • bolstroodMEMBER

        @travis
        and then add in the subsisdies paid to fossil fuel Co’s and you find that we are paying THEM to dig it up and take it away.

  2. Energy Australia pays no tax? And is owned indirectly by PRC through HK? Just what is going on here? Anyone here with them? If so could it be time to reconsider?
    And thanks Gunna for posting some thought-provoking charts.

  3. love your work gunnamatta. so we all know what’s wrong with australia, but what explain’s south koreas absurdly elevated pensioner poverty rate? no generous safety net?

    • Nah Note poverty is measured as below half the national median house hold income. so as household incomes collapse, the pensioner poverty rate will correct.
      another chart there shows how remuneration from paid work has taken a dive, but it only goes to 2009.
      since then income from work has fallen, but personal debt has increased so has the cost of living.
      its gunna be HUGE.
      Another chart housing vs gdp, shows a correction in house prices from 380 to 320 index level, but that doesn’t account for the roll out of AI who all the boffins tell us will take up to 40% of the jobs starting from yesterday.

      • This is the problem with defining poverty as a proportion of median income rather as a minimum threshold necessary to live with dignity. In Australia you can be sitting in a >$1m house that you own outright but because your pension is less than half the median income you still meet the technical definition of poverty. Under such circumstances the word almost ceases to have any meaning.

      • An OO home is an unproductive asset, what does it matter how much it’s worth when considering median income? I could own/live in a castle and still be destitute.

      • @MArtin – define dignity! It’s an intangible concept and so incredibly hard to measure let alone compare from individual situation to individual situation where as median income, well you know.
        @Brenton – it’s worth including the OO situation because the house can be monetised. An OO home doesn’t deserve any special exemption. What if it was the same value but in gold or silver, it’s still a non income producing asset as would be a brand new John Holland tractor if it sat in the yard not used??

  4. Classic set of charts Gunna. Now that I am home late on a freezing StP eve I find myself wondering what to make of the MSCI/AUD chart (first under Australia). I get the GFC but what drives the AUD outperformance post 2011?

    • GunnamattaMEMBER

      OK You had me, but.

      Upon realising I had loaded a chart which had no obvious provenance (something I usually go out of my way to avoid) I deleted it from here, and then set about trying to work out how it got into my collection. After about an hour of searching I knew I had picked it up from a source I have plenty of time for at about 11PM on 29 December, it had originally been circulated circa December 19 and re circulated after Christmas without any indication of provenance.

      Upon examining the numbers contained therein and running them past my own database I identified the ABC report The ATO just dropped corporate tax data and more than 700 companies paid nothing http://www.abc.net.au/news/2017-12-07/corporate-tax-data-released-by-ato/9236878 – run by the ABC on December 7 2017. All those companies are there with the total incomes indicated and without having paid tax – although many do post a ‘taxable income’ considerably less than the income indicated.

      I have put the pic back this eve.